TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

G20 consensus on war in Ukraine to be 'tough ride': Scholz

"We are working very hard to ensure that we not only make clear, important statements on all the issues that affect the world together... but also on the issues of peace and the consequences of the Russian war of aggression on Ukraine," Scholz said during a joint news conference with Singapore's prime minister, Lee Hsien Loong, in Singapore.

Reuters
Singapore
Tue, November 15, 2022 Published on Nov. 14, 2022 Published on 2022-11-14T21:40:11+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
German Chancellor Olaf Scholz (left) welcomes Indonesia's President Joko German Chancellor Olaf Scholz (left) welcomes Indonesia's President Joko (AFP/Markus Schreiber)
G20 Indonesia 2022

German Chancellor Olaf Scholz said leaders of the Group of 20 (G20) major economies would find it difficult agreeing clear statements on global issues and the war in Ukraine when they meet this week for the first time since Russia invaded Ukraine.

"We are working very hard to ensure that we not only make clear, important statements on all the issues that affect the world together... but also on the issues of peace and the consequences of the Russian war of aggression on Ukraine," Scholz said during a joint news conference with Singapore's prime minister, Lee Hsien Loong, in Singapore.

"That's going to be a tough ride, and I think it's going to take up a lot of our time and efforts in Bali," said Scholz, who visited Vietnam on Sunday and after his stop in Singapore will travel on to the G20 leaders' summit in Bali.

The two stops on Scholz's trip to the G20 meeting, which come just one week after a visit to Beijing, reflect Germany's efforts to reduce its reliance on its top trade partner China and to boost ties with fast growing economies in Southeast Asia. 

Expanding such ties is crucial in the face of the war in Ukraine, Scholz told a meeting of business leaders in Singapore on Monday. 

Scholz also said he hoped to see quick progress in the European Union's trade negotiations with Australia, India and Indonesia and that he remained open to new agreements beyond that. 

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

Vietnam and Singapore are the only countries in the region that have a free trade agreement with the EU so far.

"Deepening cooperation is crucial because we all feel that the geopolitical ground beneath our feet is shifting," Scholz said.

Reducing risky, one-sided dependencies for certain raw materials or critical technologies will play an important role in Germany's national security strategy, he said, adding thatde-coupling was not the answer.

"A world with new or resurrected trade barriers and de-integrated economies will not be a better place," he said.

The G20 comprises 19 major advanced and emerging economies and the European Union

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.